A Much Healthier Real Estate Market At the end of 2010 8.2% of mortgages had at least 1 payment past due and another 4.6% of mortgages were in the foreclosure process. At the end of June 2016 4.7% of mortgage were 1 payment past due, and only 1.6% of mortgages were in the foreclosure process ... » Learn More about Interesting Real Estate Numbers
California Real Estate market
California Housing Affordability by County
The second quarter of 2016 shows the historical norm of the coastal areas being traditionally less affordable than the inland areas. Contributing factors tight inventory, low interest rates, more available buildable land inland, income not keeping up with appreciation. If you are in the Los ... » Learn More about California Housing Affordability by County
San Fernando Valley Inventory Still Low
Real estate prices are a result of supply vs demand. The local market has been slowing down, but the active inventory is still low. Some people have been talking about a bubble, but until the inventory rises substantially, that's not a possibility. The real estate market changes direction very ... » Learn More about San Fernando Valley Inventory Still Low
4 Ways BREXIT Will Affect the Los Angeles Real Estate Market
The British referendum to leave the European Union broadsided the financial markets last week. So much for the polls that predicted a different result. There are several variables. One thing we do know is this divorce will take years to be completed. There is also the potential there can be other ... » Learn More about 4 Ways BREXIT Will Affect the Los Angeles Real Estate Market
A Sample of Pending California Real Estate Legislation
As a Government Affairs Chair for the California Association of Mortgage Professionals I was recently in Sacramento advocating for the consumer of housing, discussing housing issues and pending legislation with our state Senators and Assembly Members. One thing of interest, our representatives in ... » Learn More about A Sample of Pending California Real Estate Legislation